Warren, AR 71671,433 Bradley 916 Road
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Warren, AR 71671,433 Bradley 916 Road
Warren, AR 71671,433 Bradley 916 Road
Warren, AR 71671,433 Bradley 916 Road
Warren, AR 71671,433 Bradley 916 Road

$2,500,000

Est. payment /mo

$2,500,000

Est.Price: ?

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433 Bradley 916 Road Warren, AR 71671

29,280 SqFt

SOLD DATE : 12/07/2023

Key Details

Sold Price $2,500,000

Property Type Multi-Family

Sub Type Apartments

Listing Status Sold

Purchase Type For Sale

Square Footage 29,280 sqft

Price per Sqft $85

Subdivision Warren

MLS Listing ID 23031456

Sold Date 12/07/23

Style Traditional

Year Built 1999

Annual Tax Amount $12,239

Tax Year 2022

Lot Size 5.000 Acres

Acres 5.0

Property Sub-Type Apartments

Property Description

Introducing Warren Manor, a prime opportunity for astute real estate investors. This well maintained apartment complex in Warren, Arkansas has 32 units (4 Buildings), each designed for optimal rental income. Located in a high-demand area, Warren Manor offers a secure and lucrative investment option. It has a space within the 5 acre lot to build another apartment building. Rents are currently below market, so with a track record of strong cash flow and potential for long-term appreciation, this property is a valuable addition to any investment portfolio. New Roof (1 Year old), Washer/Dryer hookups in every unit. All Utilities are electric, no gas (Separate meters), Tenant pays all utilities, Playground, Management Office and Manager Apartment, Empty lot for adding another building or an open park, 14 Units have tenants on Section 8, Rents are currently below market, The management has a wait list of potential future tenants. See Agent Remarks

Location

State AR

County Bradley

Area Warren

Zoning R7

Rooms

Kitchen Built-In Stove, Electric Range

Interior

Interior Features Washer Connection, Dryer Connection-Electric

Heating Central Cool -Unspecified, Central Heat -Unspecified

Flooring Vinyl, Laminate

Equipment Built-In Stove, Electric Range

Exterior

Parking Features Parking Pads

Utilities Available Sewer-Public, Water-Public, Electric-Municipal

Roof Type Architectural Shingle

Building

Lot Description Level

Foundation Slab

New Construction No

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Listed by Capital Real Estate Advisors • Sergio Convers
Bought with Capital Real Estate Advisors
agent

Ray Ellen

Team Leader | License ID: SA00064680

+1(501) 319-7557

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